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Home ➤ Chemicals & Materials ➤ Bulk Chemicals ➤ 1-Decene Market
1-Decene Market
1-Decene Market
Published date: May 2023 • Formats:
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  • Home ➤ Chemicals & Materials ➤ Bulk Chemicals ➤ 1-Decene Market

Global 1-Decene Market by Derivative Type (Oxo Alcohols, Chlorinated Olefins, Linear Alkyne Benzenes, Polyalphaolefins, Alkyl Dimethylamine, Di-alkyl Diethylamine and Linear Mercaptans), By Application (Poly Alpha Olefin, Polyethylene and Detergent Alcohols), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

  • Published date: May 2023
  • Report ID: 60525
  • Number of Pages: 214
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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    • 1-decene Market Overview:
    • Global 1-Decene Market:
    • Кеу Маrkеt Ѕеgmеntѕ:
    • Market Dynamics:
    • Regional Analysis:
    • Key Regions and Countries covered іn thе rероrt:
    • Market Share Analysis:
    • Кеу Маrkеt Рlауеrѕ:

    1-decene Market Overview:

    In 2021, the global 1-decene market was worth USD 631.8 million. It is projected to increase at a compound annual growth rate of 6.1% between 2022 and 2032.

    The industry will see a rise in Insistence for synthetic lubricants due to increased volume growth by major industry participants and a focus on alpha olefins made of bio-based materials. Poly alpha olefins have seen a rise in demand due to their superior lubrication and slighter engine wear. The oligomerization and synthesis of linear alpha-olefins produce polyalphaolefin. C-10 is the preferred alpha oil for PAO production. The key driver of the 1-decene market is assumed to be the rise of PAO insistence on engine & gear oils, greases & other lubricants

    Global 1-Decene Market:

    Segmentation

    Derivative Type Analysis:

    The market can be divided based on derivatives into Oxo Alcohols, Chlorinated Olefins, Linear Alkyne Benzenes, Polyalphaolefins, Alkyl Dimethylamine, Di-alkyl Diethylamine, and Linear Mercaptans. The vast market share is held by the polyalphaolefins category.

    The automotive and manufacturing industries are the main users of polyalphaolefins. They can also be utilized in the automotive &manufacturing industries as transmission oil, compressor oil, lube oil additive, and gear oil.

    1 decene market analysis

    Application analysis:

    The poly alpha olefin segment will gain popularity over the forecast period. The market has been driven by rising demand for PAO in synthetic lubricant production. This trend is assumed to continue for the forecast period. The fastest-growing segment for PAO will be the one that is expected to grow in size. The main raw materials for making surfactants in dishwashing and laundry applications are detergent alcohols and their derivatives. This segment is expected to grow at a higher rate than average over the forecast period.

    Кеу Маrkеt Ѕеgmеntѕ:

    By Derivative Type

    • Oxo Alcohols
    • Chlorinated Olefins
    • Linear Alkyne Benzenes
    • Polyalphaolefins
    • Alkyl Dimethylamine
    • Di-alkyl Diethylamine
    • Linear Mercaptans

    By Application

    • Poly Alpha Olefin
    • Polyethylene
    • Detergent Alcohols

    Market Dynamics:

    The Shale gas boom has given new hope to petrochemical manufacturers and has driven ethylene production which is essential for 1-decene production. The availability of key raw materials in these areas is expected to also have a good impact on demands regarding products. 1-Decene can be obtained by oligomerization of ethylene.

    It cannot be produced by on-purpose making procedures such as 1-hexene and 1-octene. This has resulted in a limited supply of C-10 for the production of PAO. The market is short-supplied with PAO, leaving synthetic lubricant producers no other choice than to search for alternative raw materials. Ester-dependent synthetic oils have been growing in popularity and will likely impact 1-decene’s market growth amidst the forecast period.

    The global market has been sensitive to economic conditions and supply-demand. The 1-decene price is usually based on costs plus pricing method. raw materials prices play an important role. In the past ethylene, prices fluctuated, and this trend can also be seen for alpha olefins.

    Regional Analysis:

    North America was the dominant market, with a 37.4% share of the revenue in 2021. This is due to its vast industrial base of PAOs as well as oxo alcohols. North America’s growth is mainly due to the expansion of oil and gas infrastructure in the US, Canada, and Mexico. Because of its large natural resources, North America is considered a potential investment center for 1-Decene production. The oil & gas industry has enjoyed cost advantages due to its abundance of natural resources such as crude oil and shale gas, as well as access to oil & gas exploration and production technology.

    The region’s shale gas exploration is another reason for increased demand. Some of the most prominent 1-Decene producers are located in the region, including Exxon Mobil Corporation (US), and Chevron Phillips Chemical Company LLC (US). This market will be driven by the increasing demand from the automobile industry and the growing awareness of eco-friendly products.

    1 decene market share

    Key Regions and Countries covered іn thе rероrt:

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Russia
      • Spain
      • Rest of Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • MEA
      • GCC
      • South Africa
      • Israel
      • Rest of MEA

    Market Share Analysis:

    Shell Chemicals and INEOS are major players in alpha-olefin production. ExxonMobi, SASOL,Qatar Chemicals, Ottokemi, World of chemicals, chemnet are some of the other companies. The 1-decene market is dominated by a few multinational companies that have their patented technology. Shell Chemicals accounted significant growth market, with the other three largest players being Shell Chemicals and ExxonMobi.

    Major industry players have demonstrated a high degree of integration in the market. It is notable that key players such as Shell Chemicals and INEOS, Chevron Phillips (SASOL), ExxonMobi, Qatar Chemicals, Ottokemi, World of chemicals, chemnet, and other key players have integrated their operations throughout the value chain, including supply and production of raw materials to end-users.

    1-decene market company share

    Кеу Маrkеt Рlауеrѕ:

    • Shell Chemicals
    • INEOS
    • Chevron Phillips
    • Exxonmobi
    • SASOL
    • Quatar Chemicals
    • Ottokemi
    • World of chemicals
    • Chemnet
    • Other Key Players

    For the 1-Decene Market research study, the following years have been considered to estimate the market size:

    AttributeReport Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Frequently Asked Questions (FAQ)

    Q: What is the size of the 1-Decene Market in 2021?

    The 1-Decenemarket size is estimated to be US$ 631.8 million in 2021.

    Q: What is the projected CAGR at which the 1-Decene Market is expected to grow at?

    The 1-Decenemarket is expected to grow at a CAGR of 6.1% during 2023-2032.

    Q: List the segments encompassed in this report on the 1-Decene Market?

    Market.US has segmented the 1-Decene Market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Derivative Type, market has been segmented into Oxo Alcohols, Chlorinated Olefins, Linear Alkyne Benzenes, Polyalphaolefins, Alkyl Dimethylamine, Di-alkyl Diethylamine and Linear Mercaptans. By Application, the market has been further divided into Poly Alpha Olefin, Polyethylene and Detergent Alcohols.

    Q: List the key industry players of the 1-Decene Market?

    Shell Chemicals, INEOS, Chevron Phillips, SASOL, ExxonMobi, Qatar Chemicals, Ottokemi, World of chemicals, Chemnet and Other Key Players are engaged in the 1-Decenemarket.

    Q: Which region is more appealing for vendors employed in the 1-Decene Market?

    North America accounted for the highest revenue share of 37.4%. Therefore, the 1-DeceneTechnology industry in North America is expected to garner significant business opportunities over the forecast period.

    Q: Name the key areas of business for 1-Decene Market?

    North America and APAC are key areas of operation for 1-DeceneMarket.

    Q: Which segment accounts for the greatest market share in the 1-Decene Market industry?

    With respect to the 1-Deceneindustry, vendors can expect to leverage greater prospective business opportunities through the Polyalphaolefins segment, as this area of interest accounts for the largest market share.

    1-Decene Market
    1-Decene Market
    Published date: May 2023
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    • Shell Chemicals
    • INEOS
    • Chevron Phillips
    • Exxonmobi
    • SASOL
    • Quatar Chemicals
    • Ottokemi
    • World of chemicals
    • Chemnet
    • Other Key Players
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